In the Pipeline: Senior Housing Construction Projects (11/19/15)

Construction: Planned Presbyterian SeniorCare Plans Memory Care Community for Pa.  Presbyterian SeniorCare this week announced plans to build a new memory care community—the first of its kind for Washington County, Pa. Woodside Place of Washington will be based on the Woodside Place of Oakmont community, one of the first residential Alzheimer’s care facilities in the […]

How Genesis is Seeking Lion’s Share of Post-Acute Market

Anticipating increased competition for referrals, one of the nation’s largest post-acute care providers is going big on alternate payment models in an effort to corner more of the market. Genesis HealthCare (NYSE: GEN) is seeking accountable care organization status for one of its physician groups and is ramping up involvement in a Medicare bundled payment […]

Mainstreet Primes the Pump for Next Mega-Deal

Mainstreet is at it again. One year ago, the Indiana-based post-acute developer closed on its massive partnership deal with Health Care REIT, now known as Welltower (NYSE: HCN). Now, Mainstreet is laying the same kind of groundwork that ultimately resulted in that $2.3 billion transaction. Specifically, Mainstreet is creating a new public company in Canada—Mainstreet […]

In the Pipeline: Senior Housing Construction Projects (11/5/15)

(Brandywine Senior Living at Mahwah located in Mahwah, N.J. — Photo courtesy of Brandywine Senior Living) Construction: Planned Berry College Announces Site for New CCRC in Ga. Berry College, a liberal arts college in Rome, Ga., this week announced the site of a new continuing care retirement community (CCRC) that will be construction on undeveloped […]

Movers & Shakers: Mainstreet’s Fall Hires

ABM Names Laurelee Martin and Thomas Gartland to Its Board of Directors ABM, a leading provider of facility solutions, announced it has elected Lauralee Martin and Thomas “Tom” M. Gartland as independent directors, effective immediately. Martin is currently chief executive officer of HCP, Inc., one of the “Big Three” publicly-traded health care real estate investment […]

‘Crazy Prices’ Keep Welltower Sidelined on Deals

Earnings for Welltower Inc. (NYSE: HCN) for the third quarter reflect record-high funds from operations (FFO) and funds available for distribution (FAD), but soaring asset prices and fluctuating cap rates have the real estate investment trust holding off on major deals. “I think you’ve seen, if you just look at this quarter, our investment activity was […]

Editor’s Picks: Mainstreet Branches Out, Ventas Misses the Mark

This week, Senior Housing News readers took a microscope to Ventas’ third-quarter financial results and explored the benefits and pitfalls of rebranding. Readers also learned how immigrant workers could help fill the gaps in the senior living work force. Mainstreet’s New Foray An announcement from Mainstreet caught our attention early Friday. The Indiana-based company that […]

In the Pipeline: Senior Housing Construction Projects (10/29/15)

(Photo: Élan Westpointe in New Braunfels, Texas by Titan Senior Living) Construction: Planned Lakewood Manor CCRC Plans Expansion in Va. Virginia Baptist Homes recently announced a plan that will bring significant changes to Lakewood Manor, a continuing care retirement community (CCRC) in Richmond, Va. Although plans are currently in the research and development phase, Virginia Baptist […]

Post-Acute Plus Assisted Living: Attractive Investment or Risky Endeavor?

Interplay between skilled nursing facilities (SNFs) and assisted living communities is certainly nothing new, but some signs suggest it makes more sense than ever to co-locate these services. Yet, even with the implementation of the Affordable Care Act and further emphasis on moving patients through the continuum of care as efficiently as possible, industry leaders see […]